02023cam a22002417 4500001000600000003000500006005001700011008004100028100002200069245008900091260006600180490004100246500001900287520102100306530006101327538007201388538003601460690009401496710004201590830007601632856003701708856003601745w4542NBER20190915062313.0190915s1993 mau||||fs|||| 000 0 eng d1 aKruse, Douglas L.10aDoes Profit Sharing Affect Productivity?h[electronic resource] /cDouglas L. Kruse. aCambridge, Mass.bNational Bureau of Economic Researchc1993.1 aNBER working paper seriesvno. w4542 aNovember 1993.3 aExisting research tends to show that profit-sharing plans for employees are associated with higher company productivity and profitability, though the causality and mechanisms are unclear. This study uses new data from a survey of 500 U.S. public companies, and panel data on corporate performance, to examine the relationship between productivity measures and the adoption and presence of profit sharing. Controlling for a variety of influences on productivity, profit sharing adoption is found to be associated with average productivity increases of 4-5%, with no subsequent positive or negative trend. The productivity increase is dispersed; it is found to be larger for small companies and for cash plans, and to be unaffected when controlling for personnel policies which may affect productivity. There is, however, no evidence on the mechanisms through which profit sharing may affect productivity, since there are no strong interactions with information-sharing or other policies in affecting productivity. aHardcopy version available to institutional subscribers. aSystem requirements: Adobe [Acrobat] Reader required for PDF files. aMode of access: World Wide Web. 7aJ33 - Compensation Packages • Payment Methods2Journal of Economic Literature class.2 aNational Bureau of Economic Research. 0aWorking Paper Series (National Bureau of Economic Research)vno. w4542.4 uhttp://www.nber.org/papers/w454241uhttp://dx.doi.org/10.3386/w4542